Slide 1: Investor Presentation Q2 2026
MVB FINANCIAL CORP. (NASDAQ: MVBF) INVESTOR PRESENTATION Q2 2026 ©2026 MVB | Proprietary
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS MVB Financial Corp. (“MVB” or the “Company”) has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this earnings release that are intended to
Slide 3: MVB Overview
MVB OVERVIEW ▪ MVB is an innovative bank focused on powering solutions for leading By the Numbers Fintech companies nationwide ▪ The CoRe banking business provides stable foundation, low-cost of funding, and regulatory expertise while the fintech platform drives $3.5B $2.5B growth and margin expansi
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS A differentiated Fintech bank at an inflection point Multiple growth catalysts driven by expanding suite of Fintech product offerings Scalable business model — well positioned to capture expanding TAM Proven innovation engine — Victor sale validates builder/incubator DNA; leadi
Slide 5: MVB's Strategy on a Page (SOAP)
MVB’S STRATEGY ON A PAGE (SOAP) Our Why Purpose To positively impact people’s financial Trusted partners on the financial lives, one life at a time frontier, committed to your success Respect, Love & Caring Trust Commitment Adaptive Teamwork We turned plans Banking That’s Tech-Forward Banker of Choi
Slide 6: Experienced and Deep Leadership Team
EXPERIENCED AND DEEP LEADERSHIP TEAM Larry F. Mazza Mike Sumbs Jeremy Kuiper Joseph R. Rodriguez Julie A. O’Connor Michael L. Giorgio C. Brad Greathouse President and Chief Financial Fintech Chief Risk and Legal Chief Compliance Chief Operating Chief Administrative CEO Officer President Officer Offi
Slide 7: MVB's Evolution Through Tech Innovation
MVB’S EVOLUTION THROUGH TECH INNOVATION $1.5B 10.5% $3.5B Organic Asset Total Assets 2017 CAGR Total Assets Q2 2026 Scaled Fintech 2026+ ▪ Scale fintech platform Builder Phase 2018–2025 ▪ Sponsorship lending ▪ Robust payments pipeline ▪ Innovation Fintech Pivot ▪ Strengthen CoRe banking ▪ Incubator/
Slide 8: From Community Bank to Leading Fintech Banking Platform
FROM COMMUNITY BANK TO LEADING FINTECH BANKING PLATFORM Fintech Expertise: Proven ability to identify, incubate and monetize Fintech opportunities Regulatory Infrastructure: Established robust compliance framework supporting innovation Business Model Transformation: “Think bigger, do bigger” philoso
Slide 9: MVB Fintech Banking Growth Vehicles
MVB FINTECH BANKING GROWTH VEHICLES Payments Banking-as-a-Service Gaming ▪ Digital payments – fee income ▪ Low-cost deposit accounts ▪ Low-cost deposit accounts ▪ Merchant acquiring – fee income ▪ Emerging lending opportunities ▪ Player payouts – fee income ▪ Card issuing – fee income and ▪ Five mil
Slide 10: Robust Fintech Pipeline Funnel
ROBUST FINTECH PIPELINE FUNNEL • 10 new Fintech partner / product launches since Q2 2025. • New Fintech partners(1) have generated ~$2M of revenue year-to-date and ~$158M of low-cost deposits as of June 30, 2026. Summary of Advanced-Stage Fintech Pipeline Funnel Recent Launches (since Q2 2025) 11 (#
Slide 11: Implementing AI and Automation to Drive Efficiency
Implementing AI and Automation to Delivering AI-Driven Value to Clients Drive Efficiency Scaling Digital Workers Leverage MVB's mature AI capabilities to enhance the and AI Access client experience, accelerate Data & AI Partners Laying the Groundwork Expand to 36 Digis across service delivery, and d
Slide 12: Risk Management Strength and Capabilities
RISK MANAGEMENT STRENGTH AND CAPABILITIES 180 160 160 140 120 116 100 80 60 40 35 20 0 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Risk Management BSA/AML (MVB) BSA/AML
Slide 13: Strategic Capital Allocation Framework
STRATEGIC CAPITAL ALLOCATION FRAMEWORK Prioritize high-ROIC growth opportunities while maintaining strong regulatory capital and shareholder returns. Platform Investment Balance Sheet Optimization ▪ Technology infrastructure and ▪ Funding mix optimization AI/automation ▪ Liquidity management ▪ Payme
Slide 14: Strong Capital Position
STRONG CAPITAL POSITION Robust capital position provides opportunity for Consolidated Tangible Common continued balance sheet growth and optimization. Equity/Tangible Assets (%) (1) ▪ Restructured $73 million in AFS securities in Q4 2025 ▪ Redeemed $40 million of subordinated debt in Q1 2026 9.7% 10
Slide 15: Tangible Book Value per Share Growth
TANGIBLE BOOK VALUE PER SHARE GROWTH Tangible Book Value per Share 8.9% CAGR $28.00 11.4% CAGR including dividends paid since 2019 $26.00 $26.52 $26.17 $24.00 $23.37 $22.00 $22.17 $22.43 $20.00 $20.25 $19.73 $18.00 $16.00 $15.20 $14.00 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Dividend paid $0.26 $
Slide 16: Financial Highlights
FINANCIAL HIGHLIGHTS
Slide 17: Q2 2026 Key Highlights
Q2 2026 KEY HIGHLIGHTS Increase in Net Income Diluted EPS Noninterest (excluding one time gain in Q2 2026) Bearing Deposits +136% $0.93 34.4% Up 520% from Q2 2025 From Q2 2025 of total deposits Noninterest Income Payment Card and Service Tangible Book Value Per Share (excluding one time gain in Q2 2
Slide 18: Improving Revenue and Profitability
IMPROVING REVENUE AND PROFITABILITY Net Income Pre-Tax, Pre-Provision Income ($ millions) ($ millions) $17.4 1 $29.2 1 $9.7 $19.2 Ex. $10 million Ex. $10 million one-time gain one-time gain ($7.7 million after- $5.6 tax) $10.1 Q2 2025 YTD Q2 2026 YTD Q2 2025 YTD Q2 2026 YTD Net Interest Income Nonin
Slide 19: Growth of MVB's Payments Focused Vehicle
GROWTH OF MVB’S PAYMENTS FOCUSED VEHICLE Deposits of Payments Payments Revenue Vehicle (period average) ($ Thousands) ($ Millions) 102% CAGR 42% CAGR (2021-2025) $12,312 $11,534 $629 $583 $478 $7,670 $331 $4,760 $170 $128 $1,495 $695 2021 2022 2023 2024 2025 Q2 2026 2021 2022 2023 2024 2025 Q2 2026
Slide 20: Diversified Deposit Base with Fintech and CoRe Bank Deposits
DIVERSIFIED DEPOSIT BASE WITH FINTECH AND CORE BANK DEPOSITS Data as of June 30, 2026 On Balance Sheet On Balance Sheet Deposit Composition Deposits by Source Payments (F) 19% Digital Assets (F) BaaS (F) 1% 11% Fintech Gaming (F) 9% Title (C) 40% 4% CoRe* Commercial (C) 18% 60% Speciality (C) 28% Re
Slide 21: Continued Remix of Deposit Portfolio with Future Repricing Opportunities
CONTINUED REMIX OF DEPOSIT PORTFOLIO WITH FUTURE REPRICING OPPORTUNITIES ▪ $59 million reduction in CD balances in Q2 2026 CD Balances Upcoming CD Maturities ($ Millions) ($ Millions) ▪ $190 million reduction in CD balances since Q2 2025, Wtd. Avg. Rate including $70 million reduction in brokered CD
Slide 22: Strong Loan Growth
STRONG LOAN GROWTH Consistent strong loan growth over the past 5 quarters. Gross Loans ($ Millions) $2,476 $2,404 $2,343 $2,259 $2,153 $2,100 $2,063 2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 Source: Company documents and SEC Filings Investor Presentation | 2026 22
Slide 23: Diversified Loan Portfolio — as of June 30, 2026
DIVERSIFIED LOAN PORTFOLIO — as of June 30, 2026 Loan Portfolio Composition Loan Portfolio by Industry Residential 29.2% Government Residential 1.1% Energy Acquisition & 31.3% 2.3% Development Financial 4.3% Consumer 2.1% Retail Space 1.7% 4.2% Owner Occupied Multifamily Real Estate 2.9% Other 8.5%
Slide 24: Consistently Strong Asset Quality Through Cycles
CONSISTENTLY STRONG ASSET QUALITY THROUGH CYCLES Non-Performing Loans ACL/Total Loans ($ Millions) Wtd. Avg. SBA (7a & 504) LTV 1.20% $8.7 1.00% 1.14% 59% 1.01% 0.95% CRE 0.80% 0.94% 0.93% $1.8 67% 1-4 Family Residential/HELOC 0.60% $7.5 0.40% 2022 2023 2024 2025 Q2 2026 Consumer C&I $0.2 $10.9 Non-
Slide 25: Appendix: Non-GAAP Reconciliations
APPENDIX NON-GAAP RECONCILIATIONS
Slide 26: Appendix: Non-GAAP Reconciliation
APPENDIX: NON-GAAP RECONCILIATION Tangible Book Value per Common Share and Tangible Common Equity Ratio (%) (Dollars in thousands) 2020 2021 2022 2023 2024 2025 2026 Goodwill $ 2,350 $ 3,988 $ 3,988 $ 2,838 $ 2,838 $ 1,200 $ 1,200 Intangibles 2,400 2,316 1,631 352 262 -- -- Total intangible assets $
Slide 27: Appendix: Non-GAAP Reconciliation
APPENDIX: NON-GAAP RECONCILIATION Net Interest Income and Net Interest Margin on a Fully Tax-Equivalent Basis (%) 2026 (Dollars in thousands) Three Months Ended Six Months Ended Net interest margin – U.S. GAAP basis Net interest income $ 32,274 $ 60,726 Average interest-earning assets 3,125,209 3,11